The following events and economic
reports may influence trading in Asia’s local bonds and
currencies today. Bond yields and exchange rates are from the
previous trading session unless stated otherwise.

Japan Business Federation Chairman Fujio Mitarai will hold
a media briefing at 3:30 p.m. in Tokyo. The federation, known as
Keidanren in Japanese, is the nation’s largest business lobby.

The Cabinet Office will release at 2 p.m. in Tokyo its
index of consumer confidence for March.

The yield on the 1.4 percent government bond due March 2020
was at 1.34 percent, according to Japan Bond Trading Co., the
nation’s largest interdealer debt broker. The yen traded at
91.99 per dollar at 7:39 a.m. in Tokyo.

China: The government is “looking into” yuan policy
changes, Li Yuanchao, a senior Communist Party official, said in
an interview in Singapore on April 17. Asked if the government
has reached a consensus on whether the yuan will be revalued, Li
said: “This is an issue we are looking into.”

The yield on the 2.23 percent note due in March 2013 was at
2.37 percent, according to the National Interbank Funding Center
data. The yuan traded at 6.8255 per dollar.

India: The central bank is likely to boost the benchmark
reverse repurchase rate by at least a quarter of a percentage
point to 3.75 percent when policy makers will meet tomorrow,
according to all 25 economists in a Bloomberg News survey. Nine
predict a half-point increase.

The government will raise as much as 120 billion rupees
($2.7 billion) selling bonds maturing in 2016, 2020 and 2027 at
an auction on April 23, the central bank said after markets
closed on April 16.

The yield on the 6.35 percent bond due January 2020 was at
8.08 percent, according to the central bank’s trading system.
The rupee was at 44.3275.

Malaysia: The government may announce this week the size
and date of its planned auction of August 2015 bonds. The
central bank will sell 3 billion ringgit ($940 million) of 65-
day notes.

The yield on the 4.378 percent bond due November 2019 was
4.05 percent. The ringgit was at 3.1925.

Singapore: The government will sell S$3.5 billion ($2.5
billion) of 91-day T-bills.

The yield on the 2.5 percent bond due June 2019 was at 2.70
percent. The Singapore dollar was at S$1.3729.

South Korea: The government will sell 1.6 trillion won
($1.4 billion) of 10-year bonds. The central bank will sell 1.7
trillion won of 91-day and 2.2 trillion won of 28-day bills.

The yield on South Korea’s 5.75 percent bond due September
2018 was 4.96 percent, according to Korea Stock Exchange. The
won was at 1,110.23.

Taiwan: Export orders soared 40 percent in March from a
year earlier, after rising 36 percent in February, according to
the median estimate in a Bloomberg survey of 10 economists
before the Ministry of Economic Affairs releases the data on
April 20.

The yield on the 1.375 percent bond maturing in March 2020
was at 1.445 percent, according to Gretai Securities Market,
Taiwan’s biggest exchange for bonds. The Taiwan dollar was at
NT$31.39.

Philippines: The government will sell 1.5 billion pesos
($34 million) of 91-day, 3 billion pesos of 182-day and 3.5
billion pesos of 364-day bills. The central bank will release
March balance of payments data today. The country posted a
deficit of $125 million in February.

The central bank has scope to keep its benchmark interest
rate at a record low while inflation remains within target and
stocks and property aren’t rising too fast, Deputy Governor Diwa
Guinigundo said in an April 16 interview.

The yield on the 7.75 percent debt due February 2020 was
7.958 percent, according to Philippine Dealing & Exchange Corp.
The peso was at 44.40 per dollar.

Thailand: The government will sell 4 billion baht ($124
million) of 28-day bills, and 5 billion each of 91-day and 182-
day debt.

Prime Minister Abhisit Vejjajiva appointed army chief
Anupong Paojinda to oversee antigovernment protests in Bangkok.
Anupong will replace Deputy Prime Minister Suthep Thaugsuban,
Abhisit said in a nationally televised address on April 16.

The yield on the 3.875 percent bond maturing June 2019 was
3.58 percent, according to the Thai Bond Market Association. The
baht was at 32.25 per dollar.